CoreWeave's Q3 Earnings Are Out - Stock Rips 6% on Results

CoreWeave just reported Q3 2026 earnings, with shares initially jumping 6% following the report. Here are the key numbers:

• Revenue: $3.66B vs. $3.56B expected
• Loss Per Share: -$1.27 vs. -$1.46 expected
• Adjusted EBITDA: $2.26B vs. $2.05B expected
• Adjusted Operating Income: $379M vs. $245.8M expected
• Operating Income: $207M vs. $63.7M expected

Quick Read:

CoreWeave delivered a strong earnings beat, exceeding revenue expectations while adjusted operating income came in more than 50% above estimates.

Profitability was the standout, with non-adjusted operating income more than tripling expectations, suggesting the AI infrastructure giant is generating stronger operating leverage as it scales.